Summarizing the Dot Com Collapse

from the blah-blah-blah dept

A summary article of a lot of the dot coms that have recently found themselves in trouble. Some of the quotes are funny. I agree that companies with no business model should be put out of their misery, but the investors talk as if this is all the entrepreneurs fault, when the investors never should have made these investments in the first place. I think that many of these investors are getting off too easily for encouraging some of the ridiculous spending over the past few years. And now, they’re bringing down the axe on a lot of companies and not taking any of the blame themselves.

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